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I see 2 mistakes with the Xch4nge's campaign (which I'm obviously part of).
First, they don't accept Jr. Members.
Second, most rewards are wrong,
- for Hero/Legendary it's 0.007 BTC / week, not 0.006 and 0.005
- for Sr. Membe it's 0.005 BTC / Week, not 0.004
- for Full Member Positions it's 0.004 BTC / Week, not 0.003
- for Members it's correct, 0.002 BTC / Week
Btw only 7 spots for Members are left.
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Android TESTNET mobile wallet v 1.0.9 community test results: from: https://discordapp.com/channels/481833926697156611/545682507304009730/550709332724154378Recent testing of v 1.0.9 android testnet Beam wallet results as follows: From the outset, this release felt exceptionally more rigid, from loading up to transacting Beams between our testers, everything went fine. In testing receiving Beams whilst phone is locked, it was found that background refresh works only for limited time, presumable due to the wallet logging out inactive after a while - which is more than acceptable at this stage of development. The scrutiny was made with locked device and found that 2 out of 3 tx's were completed whilst device was locked and wallet running on background refresh only. You can see the completed tx's and failed tx on this screenshot from senders wallet (thanks to @DanGB ), where even though wallet was left running in the background, only the first two (earlier) txs were completed.  receiving wallet did not interact with the tx until receiver device was unlocked, much later on:  of course, the two wallets on each device are in different time-zones. I can't even read what you're saying.... please use width or height in your img tags! (like [ img width=300 ] ) There, I've fixed the quote for you. Other than that, that's very nice and stylish UI! |
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Well, imitation is the most sincere form of flattery they say. I'm glad to have hitched my ride with ARK though. Would be honest, when I first started out, I was all about the lambo and moon memes. Thankfully, the bear market forced me to reevaluate what I was getting behind and really focused on the fundamentals.
It's a flattery when someone is imitating you by dressing like you, or combs their hair like you... when they're a business trying to copy your work for a financial gain which will be a financial lose for you... it's a shady tactic! But when the others won't be able to keep up with ARK's speed, they'll be exposed.... hopefully...  |
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So, how did it go? I'm sorry but to be honest, I'm not a long-term believer of Ethereum, I'm just here for the DAPPs until someone else does it better! Sorry, just being honest! So I'm not sure what changed with the last fork, it Ethereum become ProgPoW? PoS? Nothing changed? I also noticed less gas price in my DAPPs, is this related to the fork? |
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Now that you mentioned it, what is this "fidelity" that I see in the miner? I haven't noticed anything called "fidelity" in any other miner. I though it'd have to do with a combination of power consumption and speed, but I can't figure it out!  |
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Very nice reports, I'm subscribing! And I didn't know that about Indonesia.
I agree with everything except 2 points,
"Unique addresses" shouldn't prove anything, even if we see a huge spike in the future we won't be able to tell if it came from new users influx, a hacker doing something or new exchanges. For example, Cryptopia alone will have to open so many new addresses for all its users after the hack, probably all of them this month.
"Futures", I find high volume of this more of a negative. Without any rules and regulation, people can manipulate the market using futures... but only if there's volume there.
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You guys are adding many coins, I hope you're having enough technicians on the security and maintenance as well.
It'd be bad to become another "Cryptopia" ! They've also been adding coins like crazy but they were too slow to maintenance their wallets... then the hack happened...
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Dear Bounty participants! In total 507 users from different countries took part in our Bounty! Only 460 people registered on our website. 423 people confirmed their email 119 people indicated the address of the ETH wallet at the account 🔥 We remind you that you need to register on the website and confirm your e-mail.📍 Registration link https://members.innovaminex.com❗️ In order to get tokens to your ETH wallet, you have to enter it in your personal account - those who fail to provide the wallet address until March 9, WILL NOT GET tokens.Does that mean that the remaining people who will be eligible will get a bigger share?  I mean... we've been given tokens for whatever work we did which are equal to a percentage of the total amount of coins allocated in the bounty.  |
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It is not a "coin" , that is what the whole topic is about, I don't know if people are commenting without reading but its not a coin, it is not even a token. It is just blockchain system that is built to transfer money around easily.
I mean it is great way to utilize blockchain and I kind of understand why, not like they were sending money in big money trucks before but now we at least know that blockchain is much better technology than whatever other digital system they used until now.
IT department probably came up with this and they showed how it would be cheaper and easier to transfer money around and gave a projection of how much they could save and considering it is insanely cheap it was some big number so the head of the company realized they could profit from this move and gave the green light.
An IT specialist must have invested Bitcoin. The atrocity called "JPcoin" was invested from a marketing department most likely!  That shouldn't even be called a cryptocurrency. |
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Just wanted to say that I'm glad for having Kraken as my main exchange! The incident with Cryptopia made me realise that!  Keep going strong guys! |
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If user losses are capped below 10%, things might actually just go on as normal. Remember when Bitfinex got hacked for 120,000 bitcoins? They only got bigger after that. Never underestimate cryptocurrency investors. They're born gamblers. Cryptopia has never really come across as shady to me, either. Maybe stretched too thin and supporting too many coins, but not particularly shady. Still wondering how's the compensation (cross fingers) of lost tokens will be done.
Maybe some angel investor will step in so Cryptopia can compensate the losses, like Coincheck. Wouldn't that be nice?  I'm guessing they'll issue tokens for the losses like Bitfinex did. Bitfinex seemed shady to me, I was ready to trust them and they took over 2 months to activate my account! Like hell I'd ever use them after that, what would happen if they'd decide they want to hold my funds until I provide them with some random paperwork? As for Cryptopia, why would they need an angel investor to help them? They've said that they estimate the loses to be AT WORST 10%. They've made a killing from listing all these small coins so they better suck up the loses themselves if they want to have a chance for people to ever trust them again. |
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All forms of investment will definitely be at risk, as you experienced in the past, but unfortunately you stop and just want to continue again.
maybe your $ 1K capital, you can invest in new altcoins that may already have a market, but again need deep observation and patience, no need to panic too fast when prices go down, wait and always pay attention to the developments you invest, because the market will always grow, that is the belief you must have.
I think instead of investing in new coin better to invest in some promising and well trusted coin, It is good time to invest your 1000 dollar because coins according to me are at good and affordably coin now a day is bitcoin and ETH, so it is time to take wise decision and buy only bitcoin it has good potential I am sure it will make your money get higher in timely manner, just buy and hold. The problem with the "promising and well trusted coins" is that they can fall hard if anything changes for the worse. Or even if nothing bad happens to the coin itself, a new project might contest them and do the same things in a better way, resulting in people living the "old and trusted coin" for the newer and arguably better one. If you invest in middle-valued coins, the chances of going up or down will be about the same but you stand to win more on the way up. For example Ethereum is already very high, I don't expect it to go 10x times up. On the other hand, ARK is very cheap and it's utilities could be used to replace Ethereum in the future. It can go 100x times up and still be half of Ethereum's value. |
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If all miners were running 1 gpu each, nobody would give a fuck about the mining costs probably but that's not how it is.
Ye well... that's what I remember mining be like, a hobby for enthusiasts, not a game of greedy people where each one tries to outmatch the other. We've end up with a system that's cannibalising itself. When cryptocoins were supposed to empower the people equally, the mining business has ended up making rich people richer again. A lot of money have gone/are going out of the ecosystem and into (1) GPU manufacturers and re-sellers, (2) electricity providers and the most evil of all, (3) ASIC manufacturers who overcharge their products, many of which never reaching ROI for holders. I was kinda happy with the bear market because all the greedy people got punished, maybe with the next bull market people will have learnt their lesson and won't rush to waste money in anything other than buying their favourite coin. Unfortunately, if GRIN's difficulty to go higher in price is an indicator, it seems we still have GPU farms mining for the sake of paying their electricity. I guess this bear market has still some way to go! |
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BITCOIN
Coins issued per day: 360 BTC (2.5 BTC per 10 minutes)
Make that 1800 BTC (12.5 BTC per 10 minutes) ... Oops! Fixed now! Yes, the number looks better now, thanks for letting me know! Those figures... they make you wonder just how much money is required to keep so many different cryptocoins floating. |
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If you look percentages, inflation is same like any other coin have.
When 4 years pass, then we will see inflation bigger than Bitcoin, Litecoin, Ravencoin or any other similar coin have, since there is no halving. In fifth year of mining, GRIN will have 25% yearly inflation since there is no halving and Bitcoin or Ravencoin for example had/will have 12.5% per year. Until fifth year, inflation is exactly same.
I'm not sure I entirely get this "inflation vs block reward reduction" issue, clearly. Is the implication that 1 GRIN I own today, will be worth less in 4 years ? I understand that 1 BTC == 1 BTC, but with inflation and GRIN, I'm not sure what the long-term implications are for this project, and the risk-reward effort of mining this stuff. Math is not a strong suit of mine, unfortunately. I'm just here because of that Theymos guy. pbfarmer gave a correct explanation, but I'll try offer an example with numbers. BITCOIN
Coins issued per day: 1800 BTC (12.5 BTC per 10 minutes)
Current price: 3800$
Current MarketCap.: $67 billions
GRIN
Coins issued per day: 86400 GRIN (60 GRIN per 1 minute)
Current price: 3.80$
Current MarketCap.: $14 millionsNow imagine that every day people are spending dollars to buy Bitcoin. There are some who would sell but after subtracting this amount, we have an overall amount of 6,840,000$ fresh fiat spent to buy Bitcoin. They keep buying Bitcoin every day and forever and the amounts stay the same. If they'd buy every Bitcoin for 3800$ each, they'd buy all the 1800 issued Bitcoins and the price wouldn't move at all. When the issued Bitcoins are halved, if the interest for Bitcoin is still the same, there won't be enough mined coins for all the buyers. Therefore they'll have to buy from the market, raising the price until we reach a price where the interest to buy is reduced.This bold sentence is the essence of the matter and why people are suggesting that GRIN won't enjoy very high prices. Sure, there are many more factors than just the inflation rate, but the inflation rate is the most predictable and known factor of them all. It's logical that speculators and especially investors will weigh heavily this factor. For example we can't know what amount of coins will be dumped by the miners. By the way, GRIN requires 328,320$ every day to hold this price. |
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Who has the cryptopia bitcoin wallet addresses? I would like to do some blockchain digging.
I've found an old post of mine just for you mate! This is one of their (previous) deposit wallets: 3ALZ4ALw2T4jebXXUy8GMv2rLB7JpFL1JD]3ALZ4ALw2T4jebXXUy8GMv2rLB7JpFL1JDI had also tried to do some digging, here's what I had found, Okay I think I found the Cryptopia's BTC wallet. My deposit there is kinda old and I can't recall 100% if it's the address I deposited was Cryptopia's or another exchange's, but I traced the movement and since the wallet's movements stopped on 14th January I'm 99% sure it's Cryptopia's. This is their wallet: 3ALZ4ALw2T4jebXXUy8GMv2rLB7JpFL1JDAfter many hops between 1-use addresses, I find a big amount of funds consecrated here: 12YBZCaPe45LFbvgYWP5AVm3pvZTtHTiNYThis was a new address created on 13th January. It seems that after gathering BTC from different Cryptopia's wallets, summing 392.31 BTC, they sent a "test" transaction of 3 BTC on 14th January and 10 minutes later they sent all the amount to the same address. From that point on, it seems like the funds were split to multiple addresses, probably many of which are exchanges. Your thoughts? Anything I missed maybe? Today, after terrible long silence, good news are coming from Cryptopia.
Check their twitter...
Tweet 1#We are continuing to work on assessing the impact incurred as a result of the hack in January. Currently, we have calculated that worst case 9.4% of our total holdings was stolen. Please keep an eye on our page for further updates today Tweet 2#We are securing each wallet individually to ensure the exchange is fully secure when we resume trading. We have more updates to come today, please keep an eye on our page. Tweet 3#As a result of the new wallets please immediately refrain from depositing funds into old Cryptopia addresses. We have more updates to come tomorrow, keep an eye on our page. |
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Emission is same as any other coin for first 4 years.
Exact same as Raven or as Bitcoin or Litecoin.
There is no halvening after 4 years, but that yr 2023 is far, far away in crypto.
<quote snip> Well... right now I'd go 40%-40%-20% (GRIN-XRP-BTC) because GRIN is undervalued, but as soon as my investment would be at 200% I'd sell most of the coins for something else. I believe many are thinking the same way, which is why I don't expect 2000% price pumps. Would you put 40% of your portfolio in cash in a traditional market? That's basically what you are proposing w/ this split. The intention of this coin, considering it's emission schedule, is to be a medium of exchange. Such a vehicle is not traditionally held in such large positions, unless one is hedging against (or expecting) downward movement elsewhere, or planning on a spike in value for some other reason. I guess you're suggesting the latter - which begs the question... undervalued by what measure? I'd be happy to explain why I call it "undervalued", but please bear with my train of though! Also the main topic for the price can be continued in the appropriate thread if you want ( link) I always value a project, a stock or a coin based on their competition. For the GRIN's case I compare it to Ravencoin and Monero. Ravencoin because of both having the same emission (for 4 years) and the same launch-type (no ICO/premine, community driven). Monero because its main selling point is probably its privacy, the same as GRIN's. Judging by the price of both coins, I'd expect GRIN to have 2.5 times its current price on the short term and rival Ravencoin. Maybe if it's successful it can become stable at about 3 to 4 times its current price. If that was to happen in 4 months from now, by that time we'll have 3 times more coins issued. So a 4 times increase in price and a 3 times increase in supply will result in 12 times its today's market cap. With today's data, a 12 times increase of market cap would bring GRIN at $194m and position 32, still a lot lower than Monero's $810m market cap. It all depends on where you place GRIN in comparison with other projects with similar customer target. Personally I place it around place 30-40 by marketcap and that's why I see it undervalued. "For first 4 years" is the key in my statement.
@RivAnge
Neither Ethereum had or have max supply. Overall, I agree with almost everything you wrote.
No, but they're doing halvings by time to time (and ETH has a lot of uses which GRIN is lacking). Actually, I'm expecting the block reward to be a reason for GRIN to fork split down the road, when the community will be divided between reducing the block reward or sticking with their initial announcement. |
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It has nothing to do with buzz, the emission was never intended to be sustainable for a pumping coin by design.
Emission is same as any other coin for first 4 years. Exact same as Raven or as Bitcoin or Litecoin. There is no halvening after 4 years, but that yr 2023 is far, far away in crypto. I agree that the emission is as with any other coin, it's at least EXACTLY the same as Ravencoin's. I'm defending the developer's decision since the start. However, an important factor for the coin's price is that there are no plans for a halving. This alone keeps some investors away, even if it won't matter for 4 years or more. There's also no maximum supply. I remember that the team has stated that GRIN is not targeting to be another "store of value", it's not aiming to compete with Bitcoin and XRP. If I were to invest a big amount of money for the long term right now, would I choose BTC which is the most widely adopted and as future-proof as it gets? Would I choose XRP for its slow coin burning? Or would I choose GRIN which is a new and cheap coin, but will issue new coins forever? Well... right now I'd go 40%-40%-20% (GRIN-XRP-BTC) because GRIN is undervalued, but as soon as my investment would be at 200% I'd sell most of the coins for something else. I believe many are thinking the same way, which is why I don't expect 2000% price pumps. |
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...
So, why would anyone prefer JPcoin over XRP?
Because of marketing, because average joes belive in the old and well established banks rather than the new tech stuff... Average joes will always trust who they are told (by the media) to trust and won't search for the fine print and for the technical details... You have a good point, but both JPcoin and XRP are targeting big financial businesses, not "the average joe". It seems like JPcoin won't even be publicly traded. I have no doubt that the mass media will sanctify JPcoin as you're saying, but true businesses are choosing and using XRP already, for example, the Euro Exim Bankhttps://ripple.com/insights/how-european-businesses-are-using-blockchain-to-expand-globallyWell... sorry I actually turned the conversation into JPcoin vs XRP! But the nature of this JP-thing is such that it'll be naturally compared to XRP. |
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Oops, they released this too early. This was supposed to be released after the "invisible hand" was done dropping the price in order to make the pump look like "normal buying because of the news". Which one? Ethereum foundation or ethereum classic?
Cla... cla... ic... what is that?  It sounds familiar... Oh I remembered now! It's a coin which no one cares about and can be 51% attacked anytime someones wishes to! // sorry for trolling, I promise I'm not doing it often! // |
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